Vente de l'ensemble des activités et des actifs de PCS Ltd
Cette annonce contient des informations privilégiées aux fins de l'article 7 du règlement sur les abus de marché (UE) 596/2014, car elle fait partie du droit interne britannique en vertu de la loi de 2018 de l'Union européenne (retrait) ("MAR"), et est divulguée conformément aux obligations de la société en vertu de l'article 17 du MAR.
National Monde plc
("National World," the "Company," or the "Group")
Sale of the entire business and assets of Press Computer Systems Limited
National World, (LSE: NWOR) is pleased to announce that on 31 March 2024 it completed the sale of the entire business and assets of Press Computer Systems Limited, ("PCS") an indirect wholly-owned subsidiary of the Company, as a going concern, (the "Disposal") to Naviga 1 UK Limited, a wholly-owned subsidiary of Naviga Inc., ("Naviga").
The consideration for the Disposal was £3.5 million, which was satisfied by way of a prepayment by National World to Naviga under a software agreement entered into between National World and Naviga on completion of the Disposal.
The Group acquired the newspaper and online assets of (The) Midland News Association Limited in a £11.5 million acquisition, together with PCS as a minor part of the consideration, on 29 September 2023.
Commenting on the sale, National World's Chairman, David Montgomery, said:
"Newspaper production technology is not our core expertise and so we believe PCS is being transferred into good hands with Naviga, which is best placed to develop that business while continuing to serve National World's modernisation and automation needs for the long term."
PCS provides Software-as-a-Service technology solutions to publishers, enabling closer collaboration across editorial, advertising and production processes. It is widely used in the local news publishing industry.
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Enquêtes
National Monde plc David Montgomery a/s Montfort Communications
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Dowgate Capital Limitée David Poutney James Sergent
| + 44 (0) 20 3903 7715 |
Communication Montfort Nick Miles Olly Scott
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+ 44 (0) 77 3970 1634 + 44 (0) 78 1234 5205
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